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Aergo takes a deflationary token model with lower fees unlike other projects giving out fees based on their inflationary model. Due to this reason, Aergo foundation decided to donate it’s own allocation to reward our voters. In this way, we hope to incentivise more participants to participate in voting.

Annual reward amounts donated by AERGO foundation are as follows:

  • 1st year: 1% of total supply (5M, 5,045,760)
  • 2nd year: 5M
  • 3rd year: TBD, (Planned 5M)
  • 4th year: TBD, (Planned 5M)

If you stake a certain amount of AERGO tokens, then you have the right to vote for a Block Producer(BP) with the same amount of staked tokens. Every voter has a certain probability of receiving a voting reward depending on the amount of AERGO staked. …


A Voyage to the New world

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Many people have been curious about the hype for blockchain, much like the surfacing of the Internet when it took on a more recognizable form in 1990 with the introduction of the World Wide Web.

Though in the crypto space, we are seeing a step-away from purely hype-driven projects and are entering a major shift in the markets as more institutions and real businesses are applying blockchain; and looking from a lens at which how it can improve their processes and unlock further opportunities. So.. where is the practical value in blockchain?

To answer this question, we can look at the past deployment history between BLOCKO and Aergo. We’ve tapped into many areas, but most notably, Identity Authentication, Payment Settlement, Secure e-voting, Document Management, and the Internet of Things. Most you can find in BLOCKO’s use cases page. …


Thank you to all the Binance Communities for your support in expanding our reach, and giving us a voice in your communities. Further, Congratulations to Cortex for winning the vote!

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Dear AERGO community

We would like to thank our AERGO community for your undying support and your vote in the Binance Community Vote: Round 3. …


The technology for the Aergo main network is complete and open sourced. On April 15, at 2 PM KST, we’ll use it to launch mainnet.

After many months of development and testing on the testnet, the Aergo 1.0.0 core technology has now been released. We are finally ready to release the first stable version of Aergo, a major milestone in our development progress.

This version includes all features that the Aergo mainnet will launch with, detailed in a seperate post part of our 4/19 campaign (article). The main features of Aergo at launch are: BFT-dPOS consensus (main network), LPOA consensus (sidechains), Lua smart contracts & Lua JIT compilation, SQL smart contracts & data handling (sidechains), Merkle Bridging (interchain transfers), Java/JS/Python SDKs, CLI, LiteTree (database engine), Smart contract templates, Named accounts, Advanced client framework (Ship/Brick), Atom IDE, Aergo Connect browser wallet, and the Polaris node discovery tool.


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Key components, token information, and more details regarding what to expect for launch on April 15.

For the month of our mainnet launch, we’re showing our community what Aergo is really about: through the “4/19 campaign”! This is the first article part of the series, giving more information regarding the Aergo mainnet.

Quick navigation

  1. Intro
  2. Key Components
  3. Token Utility? Token Economy? Staking Rewards?
  4. Token Swap?
  5. Remaining Milestones for Launch
  6. Future Roadmap
  7. Conclusion

Introduction

It has been eight months now that we have been working long and hard to build a blockchain protocol that provides the performance and reliability necessary to run the Aergo main network.

The Aergo main net is the central hub of the Aergo platform. It allows disparate side chains on the platform to communicate with each other using a permissionless-public layer for trustless settlement and immutable data anchoring. It acts as a core component to the network and underpins Aergo’s hybrid blockchain architecture design: creating new business models and revenue streams for all kinds of businesses and developers. …


A convenient way of bridging sidechains for state-Merkelized blockchains.

The Merkle Bridge is a new design for interoperability between blockchains/sidechains that is simple, decentralized, secure, and cost-effective. It will be used to power inter-chain asset bridging and communication on the Aergo platform.

Special thanks to Pierre-Alain Ouvrard

Context

To understand the Merkle Bridge, we should first start by understanding one of its most useful applications: two-way pegged (2WP) asset transfers. The basic idea of a 2WP asset transfer is as follows:

  1. Token is issued on Blockchain A
  2. A transfer request is made to transfer Token to Blockchain B
  3. Token on Blockchain A is locked
  4. A copy of Token is minted on Blockchain B in a 1:1 ratio to the amount that was locked on Blockchain…


Optimizing a test network in three key areas can help make sure a blockchain is ready for mainnet deployment. We’ve been doing this for over four years now so we thought we’d share our insights!

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Photo: Shutterstock

Distinct from a main blockchain, blockchain testnets enable developers to try out the infrastructure behind a distributed ledger in practice within a sandbox environment. They can run applications, services, and benchmark tests on the testnet to identify software bugs and to see where optimization of the base-layer protocol is needed.

Beta testnets represent an early iteration of a blockchain network. A natural phase in building a functional blockchain network is to deploy a testnet and rigorously test it out before proceeding with further development. The network doesn’t operate with the same balances, blocks, or nodes as the future mainnet. …


A public test network that allows anyone to operate a node, execute transactions, and run smart contracts on highly-performant and stable infrastructure.

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We are finally nearing the end of 2018, a year that has been full of progress and success for Aergo. After launching our pre-testnet at the end of October. We are now pleased to announce the launch of the Aergo public test network; our final major milestone ahead of our mainnet launch scheduled for Q1 2019. You will now be able to run smart contracts and execute transactions on our stable and highly-performant infrastructure.

The pre-testnet, which we launched just about two months ago, showcased Aergo’s performance, reliable architecture, and the progress we’d made in development. It also made the potential of the technology clear to our customers. This public testnet will take all of these things multiple steps further. …


A client framework and development environment for building, testing, and deploying distributed applications

Building large-scale distributed applications is tough. Testing them, making them work end-to-end, and deploying them is a time-consuming process. On Aergo, we plan to make things different.

Aergo is a platform that addresses the numerous unique challenges enterprises face when realizing blockchain-based systems and applications. To improve the efficiency and ease of developing, testing, and deploying smart contracts, we’ve created SHIP. SHIP is a Lua smart contract package manager. It connects local development environments with Git and the distributed ledger and so drastically reduces time spent building and managing smart contracts. It offers the following features:

  • Project setup: Complete the preparation for development in a simple task. …


Releasing the Alpha codebase including BFT consensus, AergoSQL, client frameworks, a browser wallet, and various developer tools. Click here to monitor the network.

The past few months have been very exciting for Aergo. We kicked off an extremely successful public token distribution event in anticipation of the upcoming Aergo TGE, we open-sourced LiteTree (a blazing-fast, branchable database engine) and StateTrie (a modified sparse Merkle tree built for high-performance interoperability), and we gave all of you a peek at some of the core foundational open-source practices and values that underpin the Aergo project.

Today, we are excited to announce we are releasing the Aergo Chain Alpha and launching the Aergo Pre-Testnet. We had to delay the release of the Alpha in order to fix some bugs regarding memory usage in high-load situations. To make up for the delay, we will now launch the network right away in the form of a pre-testnet, instead of launching the network in the form of a testnet later this quarter. We are also shipping out some additional features, not originally scheduled to be released alongside the Aergo Chain Alpha. …

About

Hunyoung Park

Board Member of the AERGO Foundation and CTO at Blocko Inc.

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